Bidders Emerge for Wessex Water,
Enron's Britain-Based Water Utility

LONDON -- Efforts to salvage value from the wreckage of Enron Corp.'s overseas interests are showing signs of progress.

A shortlist of bidders has been drawn up for Wessex Water, a utility in southwest England that is one of the largest international assets of the failed energy-trading company. People familiar with the situation say the list includes Italian energy company Enel SpA; Cheung Kong Infrastructure Holdings Ltd. of Hong...